Intel NASDAQ:INTC has started another round of workforce reductions, with the latest cuts focused on its Data Center and AI business. The chipmaker said the changes are intended to improve operational efficiency and long-term execution.
Intel did not disclose how many employees will be affected but said the restructuring will not change its product roadmap or customer commitments. The company said it is aligning the organization to ensure it has the skills and roles needed for future growth while providing support to affected workers.
The Data Center and AI segment, which develops server processors, AI accelerators and related infrastructure technologies, reported first-quarter revenue of $5.05 billion, up 22% from a year earlier. Since Chief Executive Lip-Bu Tan took over in March 2025, Intel has been reducing its workforce as part of a broader effort to streamline operations, with more than 5,000 U.S. employees leaving the company across several states.
Intel is scheduled to report second-quarter results on July 23. Wall Street expects adjusted earnings of $0.22 per share on revenue of $14.45 billion, compared with a loss of $0.10 per share and revenue of $12.86 billion in the year-earlier quarter